Stock market: Milan cautious with Europe after US data, bonds down. European stock markets remain little moved after the American data on GDP for the fourth quarter, revised upwards to 3.4%, and on unemployment claims, slightly better than expected.
Saipem (+3%), Cucinelli (+2.9%), Unicredit (+1.1%) and Pirelli are competing in Milan, on which Citi has raised the target price to 7.4 euros. Azimut (+1%) did well, with the project to create a digital bank.